Energy Efficiency, GHG Emissions - June 8, 2022
Itron Commits to 2035 Goals
Itron, Inc. set a ESG strategy that includes objectives and enterprise initiatives that include a 50% reduction in Scope 1 and Scope 2 GHG emissions by 2028 (over the 2019 baseline), carbon-neutral operations by 2035 and net zero by 2050.
The company is also committed to join the Science-Based Target Initiative and pledged to assist and enhance consumers and utilities to improve their sustainability through advanced solutions and services.
In 2021, Itron estimates that its electricity automated metering infrastructure (AMI) solutions across more than 64 million endpoints helped customers in the U.S. and Canada cumulatively avoid over 3.5 million metric tons of GHG emissions.
These goals align with Itron’s redefined carbon model and improvement of reporting methodology. The quantifiable targets and shift to location-based emissions reporting for all Scope 1 and Scope 2 GHG metrics will drive Itron toward its net zero goal by 2050. The report also includes optional reporting for Scope 3 emissions, which continue to be refined and evaluated as a part of our overall carbon model.
“We are facing a critical time in history where today’s decisions on how we conserve and manage our energy and water resources will shape the lives of future generations,” said Tom Deitrich, Itron’s president and CEO, in a statement. “Itron continues to build sustainability and ESG initiatives into every aspect of our operations and push the industry to do so as well by offering innovative solutions for utilities and their customers and working with our employees to unlock their resourcefulness.”